HARARE - Power cuts are crippling the countrys industrial operations, the president of the Confederation of Zimbabwe Industries (CZI) has said.
In an interview with The Zimbabwean this week, Joseph Kanyekanye said the current power situation was pathetic.
Said Kanyekanye: It is now critical for the government to allocate more of the little power that is available to industry. At the moment, industry is very idle. Companies need at least 18 hours of uninterrupted power supply to improve productivity.
He added that the government had continued to offer more promises that the power situation would improve.
There is nothing to show at all. Nothing tangible is happening on the ground to improve the power situation, said Kanyekanye.
Zimbabwe has secured US$10 billion worth of investments for three power projects with a combined output of over 5,000 megawatts, but this has not improved power supply in the country.
Meanwhile, the CZI has compiled a report on Zimbabwes manufacturing sector survey that will detail its performance an important indicator of the countrys overall economic performance. The report will also reveal the various obstacles to improving productivity as well as offering solutions to the challenges. Chief Executive Officer Clifford Sileya said the report was expected to be out in November.
Post published in: News